ACTIVE

PATCO

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Financial year 2025 · closed on 31/12/2025

Net result

-61,5 k €

+69.4% YoY

Gross margin

173,9 k €

+28.9% YoY

Equity

609,2 k €

-9.2% YoY

Workforce

0,0 ETP

What does PATCO do?

PATCO is a Public limited company incorporated in 1985. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Kortrijk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0426.825.437

Incorporation

01/01/1985

Legal form

Public limited company

Registered office

Groene Dreef(Rol) 32
8510 Kortrijk · FlandreSee on map

Contributed capital

768 500,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

43990Other specialised construction activities n.e.c.· main 43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate

Joint committees (1)

Signals

Positive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	173,9 k €	+28.9%	134,9 k €	-8.0%	146,7 k €	-16.6%	175,8 k €	+36.6%	128,7 k €	+11.8%	115,2 k €	-6.3%	122,9 k €	-11.9%	139,5 k €	-6.2%	148,7 k €	-30.4%	213,6 k €	+81.5%	117,7 k €	+32.9%	88,6 k €	-33.4%	132,9 k €	+48.3%	89,6 k €	-23.0%	116,4 k €	-26.1%	157,5 k €	-36.7%	248,7 k €	-38.2%	402,4 k €
EBITDA	131,1 k €	+1179%	-12,2 k €	-111%	114,3 k €	-23.9%	150,1 k €	+102%	74,4 k €	-21.6%	94,9 k €	-7.9%	103 k €	-9.9%	114,3 k €	-9.5%	126,3 k €	-33.5%	190 k €	+101%	94,7 k €	+42.7%	66,3 k €	-41.4%	113,2 k €	+74.0%	65,1 k €	-31.4%	94,9 k €	-33.0%	141,6 k €	-4.2%	147,8 k €	-51.8%	306,9 k €
Operating result	-28,9 k €	+83.5%	-174,6 k €	-448%	-31,8 k €	-415%	10,1 k €	+135%	-28,6 k €	-299%	14,3 k €	-27.6%	19,8 k €	-15.1%	23,3 k €	-39.5%	38,6 k €	-63.6%	106 k €	+2434%	4,2 k €	+118%	-22,9 k €	-222%	18,8 k €	+168%	-27,7 k €	-215%	-8,8 k €	-129%	30,6 k €	-47.1%	57,9 k €	-72.3%	209,5 k €
Net result	-61,5 k €	+69.4%	-201,3 k €	-413%	-39,2 k €	-26716%	147,4 €	+100%	-32,9 k €	-331%	14,3 k €	-28.5%	19,9 k €	-14.0%	23,2 k €	-14.6%	27,1 k €	-83.1%	160,1 k €	+19524%	815,9 €	-95.9%	19,9 k €	-22.5%	25,6 k €	+872%	-3,3 k €	-104%	74 k €	+21.1%	61,1 k €	-73.5%	231,1 k €	-23.7%	302,9 k €
Balance sheet
Equity	609,2 k €	-9.2%	670,7 k €	-23.1%	872 k €	-4.3%	911,2 k €	+0.0%	911,1 k €	+1.4%	898,3 k €	+1.6%	884 k €	+2.3%	864,1 k €	-30.4%	1,2 M €	-71.2%	4,3 M €	+3.9%	4,2 M €	+0.0%	4,2 M €	+0.5%	4,1 M €	+0.6%	4,1 M €	-0.1%	4,1 M €	+1.8%	4 M €	+1.5%	4 M €	+6.2%	3,7 M €
Total assets	3,2 M €	-2.8%	3,3 M €	+33.5%	2,4 M €	-19.2%	3 M €	-3.7%	3,1 M €	+160%	1,2 M €	+1.6%	1,2 M €	-24.5%	1,6 M €	+0.5%	1,6 M €	-63.7%	4,3 M €	+2.6%	4,2 M €	-1.7%	4,3 M €	-1.0%	4,3 M €	+0.2%	4,3 M €	-1.6%	4,4 M €	-0.1%	4,4 M €	-0.4%	4,4 M €	+4.1%	4,2 M €
Cash	59,1 k €	-17.9%	72 k €	+141%	29,8 k €	-95.9%	720,3 k €	-20.2%	902,3 k €	+567%	135,2 k €	+222%	41,9 k €	-88.8%	374,3 k €	+33.6%	280,1 k €	+345%	62,9 k €	+78.3%	35,3 k €	+8.8%	32,4 k €	+277%	8,6 k €	-98.7%	680,3 k €	-28.6%	952,9 k €	-5.6%	1 M €	+8600%	11,6 k €	-99.4%	2 M €
Debts	2,6 M €	-1.1%	2,6 M €	+65.6%	1,6 M €	-25.9%	2,1 M €	-5.3%	2,2 M €	+620%	308,9 k €	+1.5%	304,4 k €	-56.9%	706,9 k €	+117%	325,4 k €	+6825%	4,7 k €	-91.2%	53,6 k €	-58.0%	127,5 k €	-32.8%	189,7 k €	-8.6%	207,5 k €	-24.6%	275,2 k €	-22.1%	353,2 k €	-17.8%	429,8 k €	-11.8%	487,1 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 23 ended

Active mandates

JACQUELINE DEMANET

Director · since 16 mai 2016 · until 03 juin 2028

Active

PAT-PROMOTION

Managing director · since 16 mai 2016 · until 03 juin 2028 · 0862.110.462

Represented by CINDY VAN LOOCK

Active

PATRICK LIPPENS

Managing director · since 16 mai 2016 · until 03 juin 2028

Active

Ended mandates

ETIENNE LIPPENS

Director · since 16 mai 2016 · until 16 mai 2022

Ended

ETIENNE LIPPENS

Director · since 16 mai 2016 · until 07 juin 2022

Ended

JACQUELINE DEMANET

Director · since 16 mai 2016 · until 16 mai 2022

Ended

JACQUELINE DEMANET

Director · since 16 mai 2016 · until 07 juin 2022

Ended

At this address

Other companies at this address

Company	CBE no.
PAT-IN● Active	0542.436.470

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2026	03/07/2025	12/06/2024	30/06/2023	07/06/2022	07/06/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	07/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	12/06/2024	Dutch	PDF
Abridged model	31/12/2022	03/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	04/06/2022	07/06/2022	Dutch	PDF
Abridged model	31/12/2020	05/06/2021	07/06/2021	Dutch	PDF
Abridged model	31/12/2019	06/06/2020	08/06/2020	Dutch	PDF
Abridged model	31/12/2018	20/05/2019	22/05/2019	Dutch	PDF
Abridged model	31/12/2017	21/05/2018	24/05/2018	Dutch	PDF
Abridged model	31/12/2016	15/05/2017	16/05/2017	Dutch	PDF
Abridged model	31/12/2015	16/05/2016	20/05/2016	Dutch	PDF
Abridged model	31/12/2014	13/07/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	19/05/2014	04/07/2014	Dutch	PDF
Abridged model	31/12/2012	20/05/2013	29/05/2013	Dutch	PDF
Abridged model	31/12/2011	21/05/2012	11/06/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	17/06/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	28/05/2010	Dutch	PDF
Abridged model	31/12/2008	19/05/2009	27/05/2009	Dutch	PDF
Abridged model	31/12/2007	19/05/2008	06/06/2008	Dutch	PDF
Abridged model	31/12/2006	21/05/2007	26/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 23 ended

Active mandates

JACQUELINE DEMANET

Director · since 16 mai 2016 · until 03 juin 2028

Active

PAT-PROMOTION

Managing director · since 16 mai 2016 · until 03 juin 2028 · 0862.110.462

Represented by CINDY VAN LOOCK

Active

PATRICK LIPPENS

Managing director · since 16 mai 2016 · until 03 juin 2028

Active

Ended mandates

ETIENNE LIPPENS

Director · since 16 mai 2016 · until 16 mai 2022

Ended

ETIENNE LIPPENS

Director · since 16 mai 2016 · until 07 juin 2022

Ended

JACQUELINE DEMANET

Director · since 16 mai 2016 · until 16 mai 2022

Ended

JACQUELINE DEMANET

Director · since 16 mai 2016 · until 07 juin 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/07/2026
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates29/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other20/01/2020
ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/06/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/01/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/07/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/12/2008
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-61,5 k €↑
2024
Annual accounts 2024-201,3 k €↓
2023
Annual accounts 2023-39,2 k €↓
2022
Annual accounts 2022147,4 €↑
2021
Annual accounts 2021-32,9 k €↓
2018
Annual accounts 201814,3 k €↓
2017
Annual accounts 201719,9 k €↓
2016
Annual accounts 201623,2 k €↓
2015
Annual accounts 201527,1 k €↓
2014
Annual accounts 2014160,1 k €↑
2013
Annual accounts 2013815,9 €↓
2012
Annual accounts 201219,9 k €↓
2011
Annual accounts 201125,6 k €↑
2010
Annual accounts 2010-3,3 k €↓
2009
Annual accounts 200974 k €↑
2008
Annual accounts 200861,1 k €↓
2007
Annual accounts 2007231,1 k €↓
2006
Annual accounts 2006302,9 k €
01/01/1985
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

PATCO

Overview

What does PATCO do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline